JF3184: Busting the Biggest Myth About Affordable Housing Investing ft. Mat Simmons

<p>Mat Simmons is the owner of SIMM Capital, which invests in value-add multifamily and affordable housing single family properties. In this episode, Mat dives into the world of affordable housing and Section 8 tenants. He shares why it’s not the best asset class for new investors, how he gets properties cash flowing 4 weeks or less, and some of the myths surrounding Section 8 tenants that he wishes more investors knew.</p> <p> </p> <h2>Mat Simmons | Real Estate Background</h2> <ul> <li>Owner of SIMM Capital, value-add multifamily and affordable housing single family investing</li> <li>Portfolio: <ul> <li>3,808 doors</li> </ul> </li> <li>Based in: Pittsburgh, PA</li> <li>Say hi to him at:  <ul> <li><a href="https://www.simmcapital.com/" target="_blank" rel= "noopener">simmcapital.com</a></li> <li><a href="https://www.instagram.com/realmatsimmons/?hl=en" target="_blank" rel="noopener">Instagram</a></li> </ul> </li> <li>Greatest Lesson: Do extensive property walkthroughs (even if you waive the inspection) prior to closing on a deal versus after.</li> </ul> <p> </p> <p><strong>Click here to learn more about our sponsors:</strong></p> <p><a href="https://www.multifamilyinvestornation.com/mfincon-1" target="_blank" rel="noopener">MFINCON</a></p> <p><a href="https://capital.thebamcompanies.com/" target="_blank" rel="noopener">BAM CAPITAL</a></p>